Mining Costs definition

Mining Costs which means all costs related to mining, milling, concentrating and recovering metals from the Property and reclamation, rehabilitation and monitoring costs;
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Mining Costs which shall mean costs and expenses, other than Leaching Costs, incurred in accordance with generally accepted accounting principles consistently applied in the U.S. mining industry from time to time by Tectonic in exploring for, developing, mining, extracting, removing, and transporting to the Mill (as hereafter defined), Mineral Products produced from the Premises. Such costs and expenses shall include, without limitation, those incurred for labor, machinery operation, fuel, explosives and other materials, exploration, developmental or ore delineation drilling, and a reasonable allowance for future costs anticipated to be incurred by Tectonic in reclamation in accordance with applicable laws and any applicable agreements binding the Premises. Mining Costs shall not include any charge for depreciation, depletion, overhead for general and administrative charges, income taxes, or royalties paid by Tectonic to Xxxxx or any third party.
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Mining Costs means costs and expenses in the period incurred in respect of exploring for, developing, mining, extracting, removing, and transporting to any processing site Minerals. Such costs and expenses shall include, without limitation, those incurred for labor, machinery operations, fuel, explosives and other materials, developmental or ore delineation drilling;
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Examples of Mining Costs in a sentence

  • The LoMP Cash Mining Costs Per Tonne profile (excluding Selling, General & Administrative Expenses (“SG&A”) and transport costs) as follows: − Approximately EUR 66 per tonne in 2014-2017 (until the Paskov Mine closes) and averages EUR 63 per tonne thereafter to 2023.

  • It is expected that Mining Costs per Tonne Sold in FY22 will range between $69.0 - $71.0 per tonne.

  • Present the full slate of nominees for election to the congregation immediately following the Board of Overseers meeting, one month prior to the annual meeting.

  • Mining Costs For this study, two mining contractors responded to a market enquiry to review previously supplied contract rates and provide current pricing for contract mining services.

  • The estimates were reviewed by the authors of the MCSA Mining Complex Technical Report who have found the estimation procedures and outcomes to be in-line with industry best practice and well correlated to the performance of the existing operations.1.12.2 Financial Analysis, Deepening Inferred Project Copper ContainedtonnesTable 1-17: After-tax Cash Flow Summary – Deepening Inferred Project Assumptions 2020 12021 CapexTotal Capex000 R$ Operating Costs Mining Costs (incl.

  • The movements in the major components of operating costs (mining, milling and site support), including capitalized stripping but before changes in inventory, is explained below: Mining Costs, including capitalized stripping (Second Quarter 2018 compared to Second Quarter 2017): Mining costs, including capitalized stripping, totaled $53.6 million in the second quarter of 2018, which was $5.3 million higher than the comparative quarter in 2017.

  • The Company expects December quarter Average Mining Costs Per Tonne Sold to be lower than the YTD run-rate as production plans improve.

  • Bitcoin Gross Mining Costs below US$7,000 per Bitcoin As of Jan 1, 2021, almost all of our daily Bitcoin production has been added to our balance sheet in a Bitcoin retention pilot program.

  • Table 6 LOM Mining Costs LOM Mining Costs$M$/t Mined$/t OreC1 $/lbProportion %Drill & Blast21.80.160.390.068.1Load & Haul157.11.152.780.4158.1Grade Control13.10.100.230.034.9ROM Rehandle4.90.040.090.011.8Labour10.80.080.190.034.0Mining Other5.60.040.100.012.1Contractor Fixed Fee56.80.421.000.1521.0Total Mining Costs270.21.984.770.71100.0 The LOM processing costs are shown in Table 7.

  • The underground mining costs are summarised as follows: Table 6-5: Underground Mining Costs Item It is assumed ore is hauled 1.0 km from the portal to the ROM and the cost of load and haul for waste development is included in the cost per development metre.


More Definitions of Mining Costs

Mining Costs means Operating Costs and Capital Costs actually incurred by Contractor for the purposes of the Mining Operations and properly debited to the Mining Operations Account in accordance with the Accounting Procedure.
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Mining Costs means costs and expenses in the period incurred in respect of exploring for, developing, mining, extracting, removing, and transporting to any processing site Minerals. Such costs and expenses shall include, without limitation, those incurred for labor, machinery operations, fuel, explosives and other materials, developmental or ore delineation drilling; ii. “Milling and Processing Costs” shall mean costs and expenses incurred in respect of: (x) milling, treating or processing and transportation costs, all costs, charges and expenses for treatment in the smelting and refining process (including handling, processing, deductions, tolling charges); and (y) sales and brokerage costs, and actual costs of transportation (including insurance, storage, warehousing, port demurrage, delay and forwarding expenses) of Minerals or other products from the Properties to the place of treatment and then to the place of sale, without duplication; iii. “General and Administrative Costs” shall mean costs and expenses incurred in respect of the Properties during the calendar year and the production of ores and Minerals therefrom; iv. “Royalties” means all royalties or production royalties or royalties of any nature incurred in respect of the Properties (other than the FCF Payments pursuant to the FCF Royalty) or other payments of any nature whatsoever payable to third parties having an interest in the Properties and includes payments to any Indigenous Group pursuant to any impact benefit, participation or other similar agreement; and v. “Selling and Delivery Costs” shall mean costs and expenses incurred in respect of the production of Minerals from Properties during the calendar year in or in connection with the marketing of Minerals and the delivery of such Minerals to points of ultimate delivery to customers, including without limitation, all shipping and delivery costs, agency fees, and storage charges, without duplication. For greater certainty, in the event of any Unapproved Additional Capital Projects, the exclusion of operating costs and expenses from Unapproved Additional Capital Projects for purposes of the calculation of Mining Costs, Milling and Processing Costs, General and Administrative Costs, Royalties and Selling and Delivery Costs for purposes of the calculation of Free Cash Flow shall be allocated on a proportionate basis and in accordance with generally accepted practices in the mining industry, and in a manner mutually satisfactory to the Owner and the Hold...
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Mining Costs shall include costs incurred or accrued for all other activities not otherwise covered above, including activities conducted after mining operations have ceased.
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Mining Costs which shall mean costs and the expenses incurred by the LESSEE after Commencement of Commercial Production (Commencement of Commercial Production means the date the obligation to pay a royalty commences in accordance with Article 7 (a) of the Lease) in exploring for, mining, extracting, removing and transporting to the Mill (as hereinafter defined) Valuable Minerals produced from the leased premises. Such costs and expenses shall include, without limitation, those incurred for labor, machinery operation, fuel, explosives and other materials, exploration drilling, developmental or ore delineation drilling, allowance for depreciation and amortization of mining equipment and machinery, reclamation and remediation.
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Mining Costs means production costs incurred in mining.
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Mining Costs means costs and expenses accrued or incurred in accordance with generally accepted accounting principles by Minera Chanate or Buyer after Commencement of Commercial Production (as defined below) in exploring for, developing, mining, extracting, removing, and transporting to the Mill (as hereinafter defined) or other processing site, including heap leaching sites, ores or minerals produced from the Property. Such costs and expenses shall include, without limitation, those incurred for labor (including salaries, wages, costs and benefits), machinery operation, fuel, explosives and other materials, exploration drilling, developmental or ore delineation drilling, depreciation and amortization of mining equipment and machinery acquired (or altered or modified) after Commencement of Commercial Production, and a reasonable allowance for future costs anticipated to be incurred by Minera Chanate or Buyer in reclaiming the Property in accordance with applicable laws, regulations and agreements. Mining Costs shall not include depletion or income taxes.
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Related to Mining Costs

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Exploration Costs means costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects that may contain oil and gas reserves, including costs of drilling exploratory wells and exploratory type stratigraphic test wells. Exploration costs may be incurred both before acquiring the related property and after acquiring the property. Exploration costs, which include applicable operating costs of support equipment and facilities and other costs of exploration activities, are:

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Transportation Costs means a component of the Charges, comprising those charges payable to the TNO and/or DNO for the use of their networks as applicable from time to time under the Industry Agreements including those charges more specifically referred to as “DUoS” and “TNUoS” and specified as “Included in the Unit Rate”, “Fixed” or “Pass-Through” in the Quotation Document or as otherwise notified to you as payable during the Supply Contract from time to time;

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.